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Red Rock Resources (RRR)     

moneyman - 30 Apr 2007 23:13

Company Description
Red Rock is a mineral exploration and development outfit.
IPO Details
Issue Date 29-07-2005 Prospectus n/a
Issue Price 2.00p Lead Broker ARM Corporate Finance
Market Cap £2.87m Contact Tel 020 7512 0191
Method Placing
Sector Mining
Market Aim
Amount Raised £0.60m

Web site:- http://www.rrrplc.com/



Exploration update 3rd August 2006 - Red Rock Resources PLC said a significant new iron discovery has been made at its Central Yilgarn Iron Project in Australia. Jupiter is targeting extra iron ore tonnage of over 20 mln tonnes from the discovery. Production from the Central Yilgarn Iron Project is planned to be crushed on site, trucked to Menzies, 90 kilometres away, and then railed to the Port of Esperance

Exploration Update 9th August 2006 - Manganese Resource defined at Mkushi, Zambia gives an indicated tonnage of 2,365,000 million tonnes of manganese ore


Red River (RVR), which is a stock we rarely hear from, performed a similar trick, announcing the recovery of high-grade iron ore samples from a project in the Pilbara region of WA, and receiving a share price boost of A3 cents (20 per cent) to close the week at A18 cents. (courtesy of Minesite)



PLUS MARKETS LINK
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B0CQLF79

Red Rock Resources plc said it has signed a
deal with Zambian firm Chiman Manufacturing Ltd for the processing of manganese
to produce ferromanganese.
The mineral exploration and development company said Chiman will provide
crushing, preparation, and processing of ore supplied by Red Rock's Zambian unit
from stockpiles and surface material at its Chiwefwe mining license.
The company added it expects to make first deliveries shortly.

Chart.aspx?Provider=EODIntra&Code=RRR&Si



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gibby - 04 May 2011 09:43 - 361 of 859

indeed and darn glad i topped up yesterday as 2 pieces of very good unexpected news today - rrr easy end blue today imo anywhere 9 - 11p if people actually understand importance of cue rns today & ascot rns to rrr (& rgm) - here we go lol:

first ascot rns:

Ascot Mining plc (ASMP)Add to Alerts list Print Mail a friend

Wednesday 04 May, 2011Ascot Mining plc
Proposed move to AIM, Results of the AGM, Warrants

Ascot Mining Plc
("Ascot" or the "Company")

PROPOSED MOVE TO AIM, RESULTS OF THE AGM, ISSUE AND EXERCISE OF WARRANTS

London 4 May 2011. The Company announces that SF t1ps Gold Fund has given
notice of its intent to immediately exercise its previously acquired warrants
to subscribe for 2,000,000 ordinary shares at a price of 20 pence per share and
Athol Gold Limited has also given notice of its immediate intention of
exercising its previously acquired warrants to subscribe for 500,000 ordinary
shares at a price of 20 pence per share for gross proceeds of 500,000.00
(US$832,000.00). The proceeds will be used for equipment acquisitions, and for
working capital.

In consideration for the above exercise of warrants, Ascot has issued new
warrants to subscribe for ordinary shares in the Company, under the following
terms:

SF T1ps Gold Fund:

* 2,000,000 warrants exercisable at 40 pence per warrant,
* 800,000 warrants exercisable at 55 pence per warrant,
* 800,000 warrants exercisable at 70 pence per warrant; and
* 800,000 warrants exercisable at 80 pence per warrant.

Athol Gold Limited:

* 500,000 warrants exercisable at 40 pence per warrant,
* 200,000 warrants exercisable at 55 pence per warrant,
* 200,000 warrants exercisable at 70 pence per warrant; and
* 200,000 warrants exercisable at 80 pence per warrant.

The warrants are exercisable at any time up to 18 months from the date of issue
and will not be listed on any market. Ascot has also issued 125,000 ordinary
shares to Rivington Street Ventures Limited pursuant to the exercise of
warrants at an exercise price of 20 pence per share. Furthermore, Mr. David
Jackson, CEO, has converted US$250,000 of accrued fees and personal loans to
the Company into 273,009 ordinary shares at an exercise price of 55 pence
(US$0.92), such shares to be allotted to an unrelated third party.

Following the completion of the issuance of the 2,898,009 ordinary shares
referenced above, the Company will have 62,168,771 shares in issue (ISIN:
GB00B2QH7M99) and a total of 22,621,384 warrants outstanding of which
14,621,384 warrants are traded (ISIN: GB00B5222R97).

Under the previously approved Employee Stock Option Incentive Scheme, certain
Directors being David Jackson, Alex Panko and Andrew von Kursell have been
awarded 500,000 options each exercisable at 55 pence and key employees of the
Company, have been allocated 1.05 million options at 50 pence, representing a
premium over the share price at 28 April of 22% and 11% respectively. The
options shall expire on 26 April 2016.

The Board are pleased to announce that, at the Annual General Meeting of the
Company held on 28 April 2011, all of the ordinary resolutions were passed,
comprising the adoption of the annual audited accounts for the year ended 30
September 2010, the appointment of Bennett Brooks as auditors and the
re-election of Milo Filgas and Alex Panko as directors.

Finally, the Board announces that the Company, together with its advisors, is
making progress with Ascot's proposed move to the Alternative Investment Market
("AIM"). Shareholders can expect further news on this in the near future.

The Directors of the Issuer accept responsibility for this announcement.

=-ENDS--

Enquiries:

Damien Daly +44 (0) 7880 55 46 47
Alex Panko + 44 (0) 7766 08 09 25
Ascot Mining Plc
info@ascotmining.com

Heena Karani: +44 (0) 207 562 3393
Rivington Street Corporate Finance
Heena.karani@rs-cf.com

Michael Kinirons: +44 (0)207 562 3395
Bishopsgate Communications
Michael.kinirons@bishopsgatecommunications.com





second cue sale transaction:

Sale is for 20,304,385 cue shares (owned by RRR & RGM) which at 0.06c is worth CAD$1,218,263 including the loan of .2m is $1,413,263. The sale also includes 15,798,000 warrants at strike prices between C$0.12 and 0.15c which are currently way out of-the-money.

Consideration (to be split [not equally] between RRR and RGM) is C$2.2m. Please correct me if I am wrong but excluding the out-of-money warrants this equates to a 55% premium to current value.

IMO an excellent deal to me (for all parties involved) and probably / very likely the first step for RSL towards its transformational deal that AB mentioned in the conference call.

yeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaa!!!!

gibby - 04 May 2011 09:51 - 362 of 859

overhang cleared

gibby - 04 May 2011 09:55 - 363 of 859

auction

gibby - 04 May 2011 12:27 - 364 of 859

rns - good news........................

Red Rock Resources
Conditional disposal
RNS Number : 9157F
Red Rock Resources plc
04 May 2011



RED ROCK RESOURCES PLC

Conditional disposal of interests in Cue Resources Limited



4 May 2011

Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Kenya and Colombia, and interests in steel feed, uranium, and rare earths, announces that it has agreed to dispose of its entire holding of 15,798,000 common shares in Cue Resources Ltd (TSXV: CUE, "Cue") to its 24.9 per cent. owned associate company Resource Star Limited (ASX: RSL, "RSL") for C$1,556,000. A C$200,000 loan from Red Rock to Cue is also being transferred at face value together with warrants to subscribe in aggregate for 15,798,000 common shares in Cue at prices of between C$0.12 and C$0.15.

The transaction is subject to approval by shareholders of RSL, other than Red Rock, at an RSL EGM expected to be held in June. The consideration payable to Red Rock will be paid in two instalments, 40% on completion with the balance six months later.

Further details on the transaction and on Cue are available in the RSL announcement which may be accessed via http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=RSL.

gibby - 05 May 2011 12:01 - 365 of 859

SHOUT FROM THE ROOFTOPS....

RRR IS A BARGAIN

THIS IS A BUY - EASY DOUGH IMO

GLA

gibby - 05 May 2011 12:01 - 366 of 859

NEWS IS DUE VERY SOONYEEEEEEEEEHAAAAAAAAAAAAAAAA

gibby - 05 May 2011 12:05 - 367 of 859

wonder if any lunch time bargain hunters out

beware the dreaded stop losses - take them off imo

gibby - 05 May 2011 12:06 - 368 of 859

Drilled diamond core and RC chips are currently being logged and sampled and the Mikei camp and results for the first sample batches are expected in early May. We are also due results from the tailings.

So rns be due any time now. i would not wanna be outta rrr when that arrives!!!

talk to me self lol - echo!!!

martinl2 - 05 May 2011 12:19 - 369 of 859

I never use stop losses on small companies gibby, a licence for the MM's to steal your shares off you on a spike down.

Yes there's a load of newsflow due. God only knows why we've ended up at this level and still people are selling :(

gibby - 05 May 2011 13:25 - 370 of 859

martinl2 - agree 100% with you - and to sell at this price is lunacy imo -but i suppose everyone has a different strategy - the sp could literally rocket on next rns which could still even be today - looked at the market elsewhere not much better out there than rrr right now imo - gl

gibby - 05 May 2011 14:20 - 371 of 859

gibby - 05 May 2011 14:21 - 372 of 859

http://library.rrrplc.com/RRR_web/RRR_Broker_Research/RRR_Broker_Research_2011/RRR_UpdateEdisonInvestmentResearch_06.04.2011.pdf

gibby - 05 May 2011 16:22 - 373 of 859

i would not wanna be out over night and miss the bounce tomorrow - lol!!

be good if that darn rns out also!!!

martinl2 - 05 May 2011 16:57 - 374 of 859

Just got an email about a conference call tomorrow 6pm, to update shareholders on the Companies activities and answer questions.

I think this means we can expect an RNS tomorrow, otherwise what are they going to talk about?

Balerboy - 05 May 2011 19:04 - 375 of 859

Hope my top up this pm was worth while.,.

gibby - 05 May 2011 21:01 - 376 of 859

cheers ref conf call 6pm - have heard the same - and agreed i'm expecting an email to update share holders - i have contacted rrr to express my and other investors dismay at the sp and some other items - they seem very relaxed which i am also - just not nice to see the sp reverse for no reason - everything is the same except each day we are getting nearer to 500M market cap ab said he would be disappointed if rrr was not worth that by the end of 2011!! months are ticking down but to my mind all going in the right direction except the sp!!

baler - dude we will see tomorrow i am confident here - have been for a long while - tomorrow will be interesting for sure

have a good evening all

gibby - 05 May 2011 21:11 - 377 of 859

should be blue tomorrow imo - anyone notice the end of day 250,000 buys?

cynic - 05 May 2011 21:16 - 378 of 859

did you notice Dow's performance?

gibby - 05 May 2011 21:25 - 379 of 859

yes - a tad uncomfortable on commodities notably the ones we share an interest in - not sure how much impact at this level though

martinl2 - 05 May 2011 23:15 - 380 of 859

Yes the Dow's down 1%, so what?
What you've got to remember is this stocks been falling since the start of the year for its own reasons - its down more than 60% since Dec/Jan, so that its now ridiculously undervalued. Unlike most other junior mining stocks this stock has significant shareholdings in other listed companies that are worth now (at this level) most of the market cap. All its own mining projects (Colombia, Kenya, Greenland) are in for virtually nothing. One positive RNS is all it needs and we're back in double figures in a flash. All IMO.
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